Financing in Islamic banking scheme: Performance and effect on Malaysian output
The Islamic banking system is gaining momentum. Many conventional banks have started to open branches which operate in accordance with the Islamic Sharia'h principles under Islamic banking scheme (IBS) worldwide, including Malaysia.The Islamic banking system is expected to face strong competiti...
| প্রধান লেখক: | , , |
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| বিন্যাস: | প্রবন্ধ |
| ভাষা: | English |
| প্রকাশিত: |
IISTE
2013
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| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | https://repo.uum.edu.my/id/eprint/16564/1/rg81.pdf |
| _version_ | 1825803728540663808 |
|---|---|
| author | Abdullah, Hussin Maamor, Selamah Mohamed Fisol, Wan Nazjmi |
| author_facet | Abdullah, Hussin Maamor, Selamah Mohamed Fisol, Wan Nazjmi |
| author_sort | Abdullah, Hussin |
| collection | UUM |
| description | The Islamic banking system is gaining momentum. Many conventional banks have started to open branches which operate in accordance with the Islamic Sharia'h principles under Islamic banking scheme (IBS) worldwide, including Malaysia.The Islamic banking system is expected to face strong competition not only from the Islamic banks but also from well-established conventional banks offering Islamic products and services.It directly influences output growth for those countries offering products and Islamic banking service.The general objective of this study is to analyze the financing supply in Islamic banking scheme: performance and effect on output in Malaysia during the period of 2003-2009.This study will use an empirical model and panel of state level
data to test whether changes in bank financing supply affect output.In this study, a general production function is used and for panel data, we have chosen the Im and Pesaran and Shin (1997; IPS hereafter), which are based on the well-known Dickey-Fuller procedure.For long-run relationship among real per capita GDP growth rates and the independent variables we used panel co integration test with Fully Modified Ordinary Least Squares (FMOLS) Estimation.The tests suggested by Pedroni (1999, 2004).We can conclude that the result, financing in Islamic banking scheme in selected sectors in Malaysia has correlation and high significant level to output or GDP in Malaysia. |
| first_indexed | 2024-07-04T06:02:28Z |
| format | Article |
| id | uum-16564 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:02:28Z |
| publishDate | 2013 |
| publisher | IISTE |
| record_format | eprints |
| spelling | uum-165642015-12-20T08:37:49Z https://repo.uum.edu.my/id/eprint/16564/ Financing in Islamic banking scheme: Performance and effect on Malaysian output Abdullah, Hussin Maamor, Selamah Mohamed Fisol, Wan Nazjmi HG Finance The Islamic banking system is gaining momentum. Many conventional banks have started to open branches which operate in accordance with the Islamic Sharia'h principles under Islamic banking scheme (IBS) worldwide, including Malaysia.The Islamic banking system is expected to face strong competition not only from the Islamic banks but also from well-established conventional banks offering Islamic products and services.It directly influences output growth for those countries offering products and Islamic banking service.The general objective of this study is to analyze the financing supply in Islamic banking scheme: performance and effect on output in Malaysia during the period of 2003-2009.This study will use an empirical model and panel of state level data to test whether changes in bank financing supply affect output.In this study, a general production function is used and for panel data, we have chosen the Im and Pesaran and Shin (1997; IPS hereafter), which are based on the well-known Dickey-Fuller procedure.For long-run relationship among real per capita GDP growth rates and the independent variables we used panel co integration test with Fully Modified Ordinary Least Squares (FMOLS) Estimation.The tests suggested by Pedroni (1999, 2004).We can conclude that the result, financing in Islamic banking scheme in selected sectors in Malaysia has correlation and high significant level to output or GDP in Malaysia. IISTE 2013 Article PeerReviewed application/pdf en cc_by https://repo.uum.edu.my/id/eprint/16564/1/rg81.pdf Abdullah, Hussin and Maamor, Selamah and Mohamed Fisol, Wan Nazjmi (2013) Financing in Islamic banking scheme: Performance and effect on Malaysian output. Research Journal of Finance and Accounting, 4 (4). pp. 113-121. ISSN 2222-1697 Vol.4, No.4, 2013 http://iiste.org/Journals/index.php/RJFA/article/view/4984 |
| spellingShingle | HG Finance Abdullah, Hussin Maamor, Selamah Mohamed Fisol, Wan Nazjmi Financing in Islamic banking scheme: Performance and effect on Malaysian output |
| title | Financing in Islamic banking scheme: Performance and effect on Malaysian output |
| title_full | Financing in Islamic banking scheme: Performance and effect on Malaysian output |
| title_fullStr | Financing in Islamic banking scheme: Performance and effect on Malaysian output |
| title_full_unstemmed | Financing in Islamic banking scheme: Performance and effect on Malaysian output |
| title_short | Financing in Islamic banking scheme: Performance and effect on Malaysian output |
| title_sort | financing in islamic banking scheme performance and effect on malaysian output |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/16564/1/rg81.pdf |
| work_keys_str_mv | AT abdullahhussin financinginislamicbankingschemeperformanceandeffectonmalaysianoutput AT maamorselamah financinginislamicbankingschemeperformanceandeffectonmalaysianoutput AT mohamedfisolwannazjmi financinginislamicbankingschemeperformanceandeffectonmalaysianoutput |